On Dec 21, 2008, at 4:05 PM, David B. Shemano wrote:
SS, as presently consituted, is generally neither insurance nor linked to poverty.
It's not insurance. That's just PR. It's pay-as-you-go income support.
As constituted SS is a redistribution from the middle class to the middle class, with the elderly poor benefiting.
It's mildly redistributive across the income distribution. Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
